Reading Softball LL

Analysis

Reading Softball LL is a registered charity in United States, based in Reading, MA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reading Softball LL reported income of $104k and spending of $87k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $104k (-7.3%), an average of -7.3% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reading Softball LL sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Rotary Club of Raleigh Foundation ($104k), Imperial County Sheriffs Reserve ($104k) and Benton County Rescue Squad ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.